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Prudential PLC Plans Expansion in Philippine Markets

8/11/2015

 
Mike Wells, Prudential PLC’s new chief executive, has expressed optimism for growth of insurance and financial services businesses in Southeast Asia.  The Financial Times quoted him as saying, “I’ve been travelling around Asia a great deal since I’ve become chief executive.  The growth of the middle class there is just remarkable.”

Wells says that his group plans further expansion in Southeast Asian markets such as the Philippines, Thailand and Vietnam.

Prudential PLC is an international financial services group with significant operations in Asia, the US, and the UK.  The Prudential group has more than 23 million customers and £443 billion of assets under management.



John Howley


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